Cannabis Stock Gainers And Losers From May 31, 2024
Portfolio Pulse from Benzinga Insights
The article lists the top gainers and losers among cannabis stocks for May 31, 2024. Notable gainers include Blueberries Medical, Target Group, and Cara Therapeutics, while significant losers include Global Hemp Group, 22nd Century Group, and Global Compliance.
May 31, 2024 | 8:30 pm
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NEGATIVE IMPACT
Eastside Distilling shares closed down 7.56% at $1.02, reflecting investor pessimism.
The notable price decrease indicates negative sentiment among investors.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
22nd Century Group shares closed down 18.45% at $0.88, indicating significant investor concern.
The significant price drop suggests negative sentiment or adverse news, likely leading to short-term losses.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 70
POSITIVE IMPACT
Cara Therapeutics shares closed up 8.61% at $0.65, indicating strong investor interest.
The significant price increase suggests positive sentiment or news, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Corbus Pharmaceuticals shares closed up 3.13% at $42.80, showing slight investor confidence.
The slight price increase suggests mild positive sentiment among investors.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
Cronos Group shares closed up 3.60% at $2.58, reflecting moderate investor optimism.
The moderate price increase indicates a positive but less pronounced investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60